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Guinea-Bissau

Region: West Africa
Currency: West African CFA franc (XOF)
Population: 1.7 million
Capital: Bissau
Ministry website: www.mef.gw
Fiscal year: January - December
Regional Economic Community: CEN-SAD, ECOWAS
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2005 XOF[billions]) 641.93 681.3 717.46 751.82 777.06
GDP (current XOF[billions]) 560.54 681.3 737.84 853.55 836.01
GDP growth (%) 0.97 6.13 5.31 4.79 3.36
GDP per capita (constant 2005 XOF) 402,962.86 418,474.52 431,194.98 442,118.27 447,127.97
GDP per capita (current XOF) 351,872.2 418,474.52 443,444.06 501,946.49 481,048.75
Inflation (CPI) (%) -1.03 1.48 2.71 -0.19 0.38
General government revenue (% of GDP) 20.52 18.34 15.18 16.79 15.19
General government expenditure (% of GDP) 22.96 21.5 20.52 18.11 20.11
Budget balance (% of GDP) -2.44 -3.16 -5.34 -1.32 -4.92
Primary balance (% of GDP) -1.96 -2.49 -4.65 -0.85 -4.27
General government debt (% of GDP) 57.47 54.07 56.97 50.73 60.18
Population (millions) 1.59 1.63 1.66 1.7 1.74

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